House Speaker Martin Romualdez (Speaker’s office) The House of Representatives, through the vaunted quinta-commiittee (quinta-comm), won't hold treat anyone as sacred cows in its bid to stop the practice of price manipulation of basic goods....
Despite an increase in the number of Filipinos finding jobs in October, many were not employed in full-time positions, leading to a continued rise in underemployment. Data from the Philippine Statistics Authority (PSA) revealed that the employment rate in October rose to 96.1 percent, compared to...
Rising prices of pork and chicken during the holiday season, coupled with the continued impact of African Swine Fever (ASF), drove up the Philippines’ inflation rate in November, the Philippine Statistics Authority (PSA) reported. National Statistician and PSA Undersecretary Claire Dennis S. Mapa...
CEBU CITY – With increased police visibility, fewer crimes were recorded in Central Visayas in the past week, the Police Regional Office-Central Visayas (PRO-7) reported. Police Brig. Gen. Roy Parena, officer-in-charge of PRO-7, said there were only 51 crime incidents recorded from Nov. 24...
Philippine companies are increasing salaries to respond to a competitive talent market, according to global professional services firm Mercer. In its Total Remuneration Survey conducted this year, Mercer said the average employee salary in the country is set to increase by 5.5 percent in 2025,...
BACOLOD CITY – The province of Negros Occidental recorded a 12.81 percent decrease in crimes with only 3,525 cases from Jan. 1 to Nov. 25. The Negros Occidental Police Provincial Office said crimes went down by 518 from 4,043 cases during the same period in 2023. The number of eight focus crimes...
(MANILA BULLETIN) Economist-solon Albay 2nd district Rep. Joey Salceda has advised the Philippine government to "adapt" amid concerns that the peso slide against the United States (US) dollar would persist well into 2025. Incidentally, January...
The repercussions of US President-elect Donald J. Trump's protectionist trade and expansionary fiscal policies would slow the pace of interest rate cuts in emerging markets like the Philippines, according to Oxford Economics. In a report, Oxford Economics emerging markets economist Callee Davis...
CEBU CITY – The Police Regional Office-Central Visayas (PRO-7) recorded a significant drop in the crime rate in Region 7. Police Brig. Gen. Anthony Aberin, chief of PRO-7, said the notable reduction in eight focus crimes highlighted the effectiveness of crime prevention strategies in the region....
While the government maintains that a robust middle class will propel the country to a predominantly middle-class society within the next 15 years, economists warned that a lack of quality, stable jobs poses a threat to this goal. The National Economic and Development Authority (NEDA) said that a...
With economic growth slowing to its lowest pace since the second quarter of 2023, economists pointed to lower inflation and eased monetary policy as potential catalysts for boosting consumption, although trade barriers and peso volatility could hinder this progress. "Admittedly, a continued boost...
ILOILO CITY – The inflation rate in Western Visayas region for October went up by 0.5 percent to 3.9 percent from 3.4 percent in September. The Philippine Statistics Authority (PSA)-6 attributed this to higher prices of food and non-alcoholic beverages. A vegetable vendor in Iloilo City. (Tara...
